
Paystack, the Nigerian payments giant owned by Stripe, has suspended its Co-founder and Chief Technology Officer, Ezra Olubi, following allegations of sexual misconduct involving a female staff member.
The company confirmed the development in a statement, noting that the suspension is a precautionary measure to allow for a transparent and independent investigation into the claim.

According to Paystack, the allegation was formally reported through its internal channels, prompting immediate action in line with its workplace policies.
Paystack emphasized its commitment to maintaining a safe and respectful work environment and assured stakeholders that the investigation would be thorough, fair, and handled with confidentiality.Further updates are expected upon the conclusion of the probe.